Ann: Half Yearly Report and Accounts, page-2

Hi Posters,

I have extracted the following summary from the Half Yearly Report (for those of you too lazy or time poor to download).  I think it makes excellent reading, notwithstanding a certain poster’s inevitable and rather sad and bitter negativity.  The team is moving ahead strategically and sensibly and we are poised to reap the rewards in my estimation quite shortly.  Anyway, as ever DYOR, but for me, there is plenty of blue sky!

Half Yearly Report
Review of Operations Software Development

During the half Pointerra’s technical team continued to enhance the deployment of the Company’s innovative 3D Data as a Service (“DaaS”) solution in the Amazon Web Services (“AWS”) environment.  These initiatives included:

• the development of a Pointerra Data Portal in AWS for easy viewing of multiple 3D datasets;
• the development of a capability for intuitive, easy to use 3rd party upload of 3D datasets;
• the development of simple and scalable integration between Pointerra’s technology and 3rd party partner GIS solutions such as Esri’s ArcMap and Blue Marble’s Global Mapper;
• the addition of point cloud viewer tools to enable users to perform a number of analytics functions within the point cloud environment; and
• the more efficient use of AWS cloud computing resources to support Pointerra’s ability to scale rapidly to hosting multiple, massive 3D datasets at lower cost.

Sales and Distribution During the half Pointerra signed a number of trial licence and confidentiality agreements with a range of counterparties, ranging from small end-users, to resellers in the geospatial technology and services sector, through to global geospatial, technology, engineering and aerospace giants.  These relationships have provided valuable user acceptance testing and feedback to the development team and has allowed the Company to enhance the ease of use and functionality of its cloud-based 3D DaaS solution.

Moving forward, the Company expects to convert these relationships into revenue generating partnership and reseller agreements as well as monthly recurring income through customer end-user license agreements.

Cheers
U